PLXS Q3 FY26: revenue $1.3M, net income $43.0M. Revenue +28% on semi-cap wins, net income -5% as global minimum tax lifts rate

Filed August 6, 2026 · Period ending July 4, 2026 · Compared to 10-Q Aug 1, 2025 · ~1 min read

Key Changes

• high

  Net income fell 4.7% to $43.0M despite 28.1% revenue growth, as the global minimum tax implementation across multiple jurisdictions drove the effective tax rate from 12.2% to 19.0% year-over-year.

  MD&A: Income Tax Expense verify on EDGAR →
• high

  Revenue surged 28.1% to $1.3M in Q3, driven by semiconductor capital equipment wins in APAC and Industrial segments—the company explicitly attributes 'a meaningful portion' of demand growth to 'continued ramps of semi-cap wins reflecting share gains from prior periods.'

  MD&A: APAC & Industrial Segments verify on EDGAR →
• high

  Operating margin compressed 60bp to 4.7%.

  MD&A: Operating Margin verify on EDGAR →